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ESG indices jump 50% but new investors are still unsure

ESG indices are growing but the market is still only a sliver of the overall futures market

By

Jeremy Chan

Tuesday, 22 November 2022 at 13:37

Issues like tracking error and lack of open interest are still causing roadblocks for some investors
Issues like tracking error and lack of open interest are still causing roadblocks for some investors Photo: Getty Images

ESG futures indices are booming, but many new investors are still not confident enough to back them.

CME Group's global head of equity index products Paul Woolman said the exchange has seen a 50% jump in average daily value traded this year, up to around 1,500 contracts a day.